Europe Letter: There has been a sea change away from the idea that trade with authoritarian regimes creates peace
European Commissioner for Internal Market, Thierry Breton: 'Europe stays open for business. But we’re being a bit less naive.' Photograph: Olivier Hoslet / EPA“Peace is the natural effect of trade,” the French Enlightenment thinker Montesquieu wrote in his 1748 work, The Spirit of Law. “Two nations who traffic with each other become reciprocally dependent.”
It caused a deep rethink in Germany. Following the invasion of Ukraine, “it won’t be Wandel durch Handel – change through trade – any more”, the ruling SDP party’s leader in the Bundestag, Rolf Mützenich, said in the wake of the invasion.
The European Commission also launched a risk assessment of key technologies including microchips and artificial intelligence technology to see if they need to be subject to special protections to avoid the know-how being poached by hostile powers abroad. “We’ve also learned from previous crises that we’ve been through during recent years,” he continued. “Europe stays open for business. But we’re being a bit less naive here.”
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